Technology

Canva hits US$4bn revenue as LLM referral traffic boosts AI-driven growth

Canva has reached $4 billion in annual revenue, marking a major milestone for the creative software company as traffic from large language models (LLMs)...

Telefónica and Liberty Global agree to buy Uk fibre firm Netomnia for €2.3Bn

Telefónica, Liberty Global, and infrastructure investor InfraVia have agreed to acquire Netomnia, one of the United Kingdom’s largest independent fibre-to-the-home (FTTH) network providers, in...

Snapchat+ tops 25m subscribers as direct revenue ARR hits US$1b

Snapchat+ has crossed 25 million subscribers, pushing Snap’s direct revenue annual run rate (ARR) to $1 billion, a milestone that signals the company’s subscription...

MTN bids US$2.2bn to regain control of ihs towers, including in Cameroon

MTN Group has moved a significant step closer to taking full control of telecom tower operator IHS Towers with a $2.2 billion agreed offer for...

Finpace introduces halcyon AI layer to transform African banking operations

Finpace, a leading provider of digital banking infrastructure in Africa, has unveiled Halcyon, a new AI-driven layer integrated into its core banking platform designed...

Zuckerberg grilled in landmark social media trial over teen mental health claims

Meta Platforms CEO Mark Zuckerberg was on the witness stand this week in a landmark social media trial in Los Angeles, California, where he...

MTN Ghana launches Y’ello Protect 419 to strengthen fight against mobile and MoMo fraud

MTN Ghana has rolled out a new fraud reporting initiative dubbed Y’ello Protect 419, designed to help customers quickly report and combat fraudulent activity...

Mistral AI moves deeper into cloud infrastructure with acquisition of Koyeb

French artificial intelligence startup Mistral AI has agreed to acquire Koyeb in its first-ever acquisition, signaling a strategic push beyond model development and into...

Anthropic updates Claude lineup with release of Sonnet 4.6 in rapid AI model cycle

Anthropic has released Claude Sonnet 4.6, the latest iteration of its mid-sized language model, continuing the company’s aggressive four-month upgrade cycle as competition intensifies...

Alibaba unveils Qwen3.5 as China’s chatbot race shifts to AI agents

Alibaba Group has launched its latest artificial intelligence model series, Qwen3.5, as competition intensifies in China’s fast-evolving AI sector.The new Qwen3.5 model introduces enhanced...

Former SpaceX engineers secure US$50m Series A to power next-generation AI data center connectivity

A startup founded by former SpaceX engineers has raised $50 million in a Series A funding round to develop high-performance optical interconnects aimed at...

Top-performing fund warns most software firms may not survive AI disruption

A leading investment fund, consistently outperforming 99% of its peers, has signaled deep concerns about the sustainability of the current software industry amid rapid...

Spain orders prosecutors to investigate X, Meta and TikTok over AI-generated child sexual abuse material

The Spain government has instructed prosecutors to investigate social media platforms X, Meta, and TikTok for allegedly hosting and spreading AI-generated child sexual abuse...

Tesla ends one-time Full Self-Driving purchases and shifts fully to subscription model

Tesla has removed the option for customers to purchase its Full Self-Driving (FSD) software through a one-time payment, pivoting entirely to a subscription-based model...

Acer Africa unveils e10 ETBook series to power small businesses and education

Acer Africa has introduced its new e10 ETBook series, a lineup of notebooks designed to meet the evolving needs of South Africa’s small business...

ByteDance moves to curb AI video tool after Disney raises legal concerns

ByteDance, the parent company of TikTok, has pledged to rein in its newly launched AI video generator, Seedance 2.0, following legal threats from The...